73.2 million GEL has been allocated from the state budget for the Starring Georgia campaign, aiming to bring world stars to Georgia over the next two years.
As it turns out from the draft budget of 2024, the mentioned amount, which includes artists’ royalties and other expenses related to events, was received by Black Sea Arena Georgia LLC as early as last year.
“In 2022, LLC Black Sea Arena Georgia received 73.2 million GEL to organize various events planned for 2023-2024. The mentioned amount includes both artists’ fees and other expenses related to the organization of events,” the document says.
Concerts by The Killers, Imagine Dragons, and Bruno Mars have already been held as part of Starring Georgia.
Prime Minister Irakli Gharibashvili announced the bringing of world stars to Georgia last year. Garibashvili said that 70 million GEL from the budget would probably be spent on concerts, of which up to 28 million GEL would be directed only to the events of 2023.
Moreover, according to Garibashvili, the country will receive up to 150 million GEL income this year.